Press Release

July 16, 2026 The Manager- Listing National Stock Exchange of India Limited (NSE: WIPRO) The Manager- Listing BSE Limited (BSE: 507685) The Market Operations NYSE, New York (NYSE: WIT) Dear Sir/Madam, Sub: Press Release Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the press release for the quarter ended June 30, 2026. The above document is also being made available on the Company's website at www.wipro.com. Thanking You, For Wipro Limited M Sanaulla Khan Company Secretary ENCL: As above FOR IMMEDIATE RELEASE Wipro announces results for the Quarter ended June 30, 2026 Revenue increased 0.9% YoY in CC Large deal bookings at $1.6 Bn, grew 12.9% QoQ, including 13 large deals in Q1 Net income grew 0.6% YoY; Operating cash flow at 98% of Net income EAST BRUNSWICK, N.J. | BANGALORE, India – July 16, 2026: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended June 30, 2026. Highlights of the Results Results for the Quarter ended June 30, 2026: 1. Gross revenue at ₹244.8 billion ($2,585.9 million1), an increase of 1.0% QoQ and 10.6% YoY. 2. IT services segment revenue was at $2,614.5 million, decrease of -1.4% QoQ and increase of 1.0% YoY. 3. Non-GAAP constant currency2 IT Services segment revenue decreased 1.2% QoQ and increased 0.9% YoY. 4. Total bookings3 was at $3,370 million, down by 2.4% QoQ in constant currency2. Large deal bookings4 was at $1,626 million, increase of 12.9% QoQ in constant currency2. 5. IT services operating margin5 for Q1’27 was at 16.0%, decrease of 1.3% QoQ and 1.2% YoY. 6. Net income for the quarter was at ₹33.6 billion ($354.6million1), decrease of 4.7% QoQ and increase of 0.6% YoY. 7. Earnings per share for the quarter at ₹3.20 ($0.031), decrease of 4.2% QoQ and increase of 0.6% YoY. 8. Operating cash flows of ₹32.9 billion ($348 million1), increase of 3.6% QoQ and at 98.0% of net income for the quarter. 9. Voluntary attrition was at 13.9% on a trailing 12-month basis. 10.Declared interim dividend of ₹2 ($0.021) per equity share/ADS. Outlook for the Quarter ending September 30, 2026 We expect revenue from our IT Services business segment to be in the range of $2,574 million to $2,627 million*. This translates to sequential guidance of (-)1.5% to (+)0.5% in constant currency terms. *Outlook for the Quarter ending September 30, 2026, is based on the following exchange rates: GBP/USD at 1.34, Euro/USD at 1.16, AUD/USD at 0.71, USD/INR at 94.50 and CAD/USD at 0.71 Performance for the Quarter ended June 30, 2026 Srini Pallia, CEO and Managing Director, said, “Clients are moving beyond technology modernization to AI-enabled operating models that improve quality, resilience, and productivity. Wipro’s consulting-led, AI-powered approach helps clients embed AI at the core of their business, and these engagements reflect both the breadth of our capabilities and the trust clients place in us as a transformation partner.” Aparna Iyer, Chief Financial Officer, said, “As we navigate an evolving technology landscape, we remain focused on investing in our people and strategic priority areas. While these investments may create some near-term margin volatility, it sets a strong foundation for future growth. Cash flow remained robust, with operating cash flow at 98% of net income for the quarter. We are also pleased to share that the Board has declared an interim dividend of ₹2 per share. Including this dividend and payouts made over the past year, we would have returned more than $3 Bn in cash to our shareholders while continuing to invest steadily for growth.” 1. For the convenience of the readers, the amounts in Indian Rupees in this release have been translated into United States Dollars at the certified foreign exchange rate of US$1 = ₹94.66, as published by the Federal Reserve Board of Governors on June 30, 2026. However, the realized exchange rate in our IT Services business segment for the quarter ended June 30, 2026, was US$1= ₹93.53 2. Constant currency for a period is the product of volumes in that period times the average actual exchange rate of the corresponding comparative period. 3. Total Bookings refers to the total contract value of all orders that were booked during the period including new orders, renewals, and increases to existing contracts. Bookings do not reflect subsequent terminations or reductions related to bookings originally recorded in prior fiscal periods. Bookings are recorded using then-existing foreign currency exchange rates and are not subsequently adjusted for foreign currency exchange rate fluctuations. The revenues from these contracts accrue over the tenure of the contract. For constant currency growth rates, refer note 2. 4. Large deal bookings consist of deals greater than or equal to $30 million in total contract value. 5. IT Services Operating Margin refers to Segment Results Total as reflected in IFRS financials. Highlights of Strategic Deal Wins In the first quarter, Wipro continued to win large and strategic deals across industries. Key highlights include: 1. A global chemicals company has selected Wipro for a multi-year deal to modernize its IT operations. As part of the engagement, Wipro will use its consulting-led approach to consolidate multiple vendors into a single, integrated operating model and manage infrastructure and application services end-to-end. Powered by Wipro Intelligence™, the solution will embed digital agents, AIOps and GenAI-enabled capabilities to increase automation, prevent issues, and improve resolution times. This will help the client deliver structural cost optimization, enhance service stability, increase transparency, and build a scalable, future-ready IT operating model. 2. One of the world’s largest global technology companies has renewed its multi-year engagement with Wipro to innovate in the arena of Geospatial Data Operations and mapping. Wipro will provide end-to-end support for the Geospatial Data Operations ecosystem, through a scalable, AI-powered global delivery model. Leveraging AI- enabled automation, analytics, and data-driven insights, through a robust governance framework, Wipro will drive operational resilience, improve quality, and accelerate product deployment for the client. Wipro will enable the client to maximize productivity and enhance decision making in an evolving business environment. 3. A leading global technology provider has expanded its decades-long engagement with Wipro to enhance the quality and reliability of its products that support millions of users worldwide. Wipro will deliver AI-infused quality engineering services, leveraging automation and intelligent testing capabilities, to accelerate development cycles. The engagement builds on Wipro's deep domain expertise and longstanding role in supporting the client's engineering ecosystem. This collaboration will help reduce time to market, improve operational efficiency, and strengthen the reliability of critical software releases. 4. A leading US-based health insurer has extended and expanded its long-standing engagement with Wipro to enhance digital workplace and end-user support services across its enterprise. Wipro will deploy a unified operating model designed to ensure business continuity and operational efficiency. Leveraging automation and AI-infused capabilities, Wipro will further enhance service delivery, improve responsiveness, and enhance employee technology experience. This renewal will help the client maintain reliable, scalable workplace operations while supporting future modernization initiatives and productivity improvements. 5. A leading US-based hospital network has selected Wipro to provide integrated application management and enterprise IT transformation. Wipro will deliver a comprehensive managed services model spanni [Showing first 8,000 characters — download PDF for full document]